Is Transferring a Personal Loan From Lender to Lender a Feasible Option?
During the financial crisis, individuals may not research in-depth and may often avail of a personal loan with a high rate of interest. Most banks and lending institutions offer a balance transfer facility, wherein borrowers may transfer their outstanding amount to another lender which has a lower rate of interest. Borrowers may also seek to […]
Read MoreTruth about Pre-Approved Personal Loans
Mr. Deepak Kumar, a 50-year-old salaried person, is about to retire soon. He wishes to borrow a loan to undertake an international vacation with his family. He plans on offsetting the loan amount with the pension he receives after retirement. Mr. Deepak has received a text message from his local banks stating that he […]
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How risky is unsecured borrowing?
George Osborne’s Autumn Statement wasn’t quite the axe-wielder we might have expected, with anticipated cuts largely avoided in an unexpectedly generous forecast of spending in the coming years. However, while it offered us some relief, Government has yet to offer up any grand solutions that will mitigate the enormous costs of living currently facing Britons. […]
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Deciding Whether You Should Take A Personal Loan Or Not
If you are considering borrowing money in the form of an unsecured personal loan, there are some important questions you need to ask yourself. While you may need the money for something necessary such as a replacement for a broken appliance or something else urgent; you need to ask yourself if you need the money […]
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